SEC Form 4 · accession 0001086222-16-000379
AKAMAI TECHNOLOGIES INC · AKAM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William Wheaton
Officer — Executive Vice Pres., Media
Period of report
Oct 22, 2016
Accepted (ET)
Oct 25, 2016 · 5:46 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001086222
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Oct 22, 2016 | M | 236 | $0.00 | A | 38,321 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | $0.00 | Oct 22, 2016 | M | 460 | D | — | Jul 22, 2020 | Common Stock | 460 | 3,224 | D |
Explanation of responses
- F1Each restricted stock unit "RSU" represents the right to receive one share of common stock upon vesting.
- F2RSUs vest over three years as follows: 33% on July 22, 2016, with the remaining 67% vesting in equal installments of 8.33% each quarter thereafter.